The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 57 min ago
Mar 17 2010 | 11:25am ET
The little black rain cloud of hedge fund indices has come to rain on your St. Patrick’s Day parade.
The Lipper Hedge Fund Composite Index fell 0.29% in February; most hedge fund indices showed hedge funds bouncing back last month after a losing January.
All of Lipper’s subindices save one were in the red in February, with only managed futures funds managing a positive show (0.26%) in the industry’s most pessimistic benchmark.
On the bright side, no strategy index lost even 1% last month. 'Other hedge' strategies did the worst, falling 0.98%, followed by dedicated short-bias, which dropped 0.64% and global stock markets gained. Long-bias funds lost 0.52% and long/short equity funds 0.28%.
Event-driven funds fell 0.11%, and option arbitrage funds just 0.01%.